Which of the following is true of the rational model of decision making?
A. It assumes that there are limits on how rational can a decision maker be.
B. It suggests that it is impossible to calculate the probability of success.
C. In this model, the decision maker strives to select the best possible alternative.
D. In this model, the decision maker selects the first alternative that is good enough.
Answer: C
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The amount foreign citizens, firms, and governments invest in a country minus the amount that the country's citizens, firms, and governments invest abroad is
A. the trade balance. B. the balance on current account. C. the capital-account balance. D. the balance on capital and financial account.
Parson Company issues $500,000 of 30-year, 8 percent bonds at 106. Interest is paid semiannually, and the effective interest method is used for amortization. Assume that the market interest rate for similar investments is 7 percent and that the bonds
are issued on an interest date. a. What amount was received for the bonds? b. How much interest is paid each interest period? c. How much bond interest expense is recorded on the first interest date (after the issue date)? d. What is the carrying value of the bonds after the first interest date (after the issue date)?
Fourth-party logistics companies (4PLs) often draw on multiple third-party logistics companies for actual service
Indicate whether the statement is true or false a. True b. False
Which of the following organizations developed the International Covenant on Economic, Social, and Cultural Rights to ensure that workers around the world receive certain rights and benefits?
A) International Labor Organization B) World Trade Organization C) International Court of Justice D) United Nations Commission on Human Rights